RBI announces big savings to save India's economy, financial package of Tk 1 billion for small and medium enterprises

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Bangla Hunt Desk: Shaktikanta Das, Governor of the Reserve Bank of India, made some big announcements today. Due to the Corona virus, the country's economic growth rate is decreasing. And that is why after the lockdown escalated, Shaktikanta Das announced several big ones to save the money from the losses. He said at a video conference that the RBI is wary of the Corona virus. The Reserve Bank monitors everything. Das says that 2020 is a bad time for the global economy.

Earlier on March 27, RBI Governor Shaktikanta Das announced that the repo rate has been reduced to 6.5 per cent and that the repo rate has been reduced from 6.5 per cent to 8.5 per cent. At the same time, the Reserve Bank of India advised all banks not to seek EMI from customers for the next three months.

Today, at this video conference, he made a big announcement for the small and medium enterprises in the country, keeping in mind the Corona epidemic and the financial situation of the country. The Governor of the Reserve Bank has announced a financial package of Tk 1,000 crore for small and medium enterprises of the country.

He added that the package could be changed depending on the situation of the next day. He also announced Tk 1,000 crore in the housing industry. RBI Governor Shaktikant Das held a press conference for the second time in the Corona crisis in the country.

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